With our belief in “benefiting from society, giving back to society,” the Far Eastern Group has sponsored education and public interest endeavors since the 1960s. In 1976 and 1977, the Group founded the “Far Eastern Memorial Foundation” and “Far Eastern Medical Foundation” to sponsor cultural and educational projects, medical research and healthcare. In 1981, the Group founded “Far Eastern Memorial Hospital”, which is now the largest medical center in New Taipei City. The hospital is consistently developing innovative, state-of-the-art medical technologies, forming professional medical teams, and delivering excellence. Besides being honored by “National Quality Award”, the hospital has also been granted the “Innoaward” for medical innovation.
In 2001, the Group established “Far Eastern Y. Z. Hsu Science and Technology Memorial Foundation” to commemorate its late founder. It is the first private science and technology foundation in Taiwan supervised by Ministry of Science and Technology. This foundation - whose mission is promoting scientific and “technological innovation” - sponsors such annual awards as the “Y. Z. Hsu Scientific Chair Professorship”, “Y. Z. Hsu Scientific Paper Award” and “Y. Z. Hsu Technology Invention Award”. It also supports innovative industrial research and development projects in the areas of “nanotechnology”, “ICT” and optoelectronics”, “biotechnology and medicine” and “green technology”. The Foundation has also been inviting the winners of “Y. Z. Hsu Scientific Chair Professorship” to host the "Youth Innovation Forum" for young students to contribute professional knowledge to science and technology education for the young. In addition, it has been holding the "Y. Z. Hsu Cup - Taiwan Student Physics Debating Contest" in collaboration with National Taiwan Normal University, and selecting contestants to represent Taiwan in the International Young Physicists' Tournament. In 2013, the foundation won the right to host the 26th IYPT; the fourth in Asia for this event.
Based on Y. Z. Hsu’s belief that “education strengthens a nation” and his conviction in developing top-notch technology talent, the Far Eastern Group has always actively supported education. The Group founded the “Oriental College of Industry” in 1969, which was reorganized and upgraded as the “Oriental Institute of Technology(OIT)” in 2000. In 2021, OIT was restructured as Asia Eastern University of Science and Technology. The Group also founded the “Yuan Ze Institute of Technology” in 1989, which was restructured and expanded as “Yuan Ze University” in 1997. Yuan Ze University is the first in Taiwan to implement Chinese and English bilingual education. It has won sponsorship for “Excellence in Teaching Plans” and “Aim For The Top University Project” from the Ministry of Education. The Oriental Institute of Technology and Yuan Ze University have both stayed true to Far Eastern Group's commitment to efficiency, quality and innovation. Decades of educational performance and competency distinguish these educational institutions as paradigms of vocational and college education.